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Triple Super Phosphate prices reached their highest levels since January 2012 as suppliers cut output to rebalance an oversupplied market. DAP followed the bullish trend, and potash contract prices are being negotiated upward.
Tight phosphate supply and firm potash contracts raise input costs for growers ahead of the seasons. Demand from higher grain values supports the rally.
uk.cofcointernational.comRosie SweetApr 12, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
